Stay full of peace yourself

THOUGHT FOR TODAY  The Whole World

Stay full of peace yourself and know

that this peace will reach your loved

ones and ultimately the whole world.

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Share Tips for Banknifty Sopt, ONGC, Tech Mahindra, PNB & Shri Ram Transport fin

BANK-NIFTY

Banknifty spot

Bears will be strong below 12660.

Break below 12523 Expect nonstop

panic up to 12419-12331-12226.

ONGC

Below 330 Bears will dominate the short term trend.

Break below 324 except slide up to 320-318.

Shriram-Transport-Finance

Shri Ram Transport fin.

Buyers zone at 768-764

Expect Bounce up to 780

Support at 767-763.

Break below may take 754-744.

Tech Mahindra

Hurdle at 997-1005

If break below 984 and sustains for 20-30 minutes

then expect sell off up to 968.

PNB

Sell below 877

Non stop slide up to 862-855.

Exit short above 892

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Nifty FUT Trade Setup For 5 February 2013

nifty-futures

THOUGHT FOR TODAY 

Relationships With Others A sensible person knows it is a waste of time and energy to get angry. Effort will then have to be made to reconstruct that relationship. It is much more useful to breathe deeply, pay attention to your attitude and answer without rushing. In this way, improve and strengthen your relationships with others. Create trust and your mistakes will be forgiven.  

Nifty Spot

(Updated on 05-02-2013 at 08.20 AM)

We have repeatedly written that Market has

been tired and week below 6075.

Yesterday, written that Nifty spot would not make successful

crossover above 6035 and fall down below if not

able to crossover above 6035. Also mentioned that

it has support at 5982.

Nifty spot made high at 6038 and declined to 5981.25.

Now for Nifty Future

No Rise likely to sustain below 6075.

Path of great resistance up to 6025-6033.

Hurdle at 6013-6025.

Break below 5978 Expect panic selloff

up to 5959-5933-5911.

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Dow Jones and S&P 500 have been started to fall down

“NEVER BEFORE HAVE YOU HAVE SEEN THIS PERFECTION OF CHART ANALYSIS

As expected, Dow Jones and S&P 500 have been started to fall down. Let’s start by looking Nifty future…, Yes we are waiting for long “Expected time is 2-3day for long” Click here.

Yes, You can short-sell Nifty for 5928-5947 small points. 

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Weekly Technical Analysis – Monday, Feb 3, 2013

My short-term scenario has proven to be wishful thinking. I was looking for a potential Zigzag down instead the bulls have once again aborted a pullback that in my opinion has been delayed but not removed from a pending outcome.

Regarding the long-term count, I maintain the scenario of a potential Ending Diagonal. If it pan out it will complete the Double Zigzag wave (X) off the March 2009 low establishing a major top.

But instead of an expecting a larger subdivision of the wave (III) maybe price is approaching the end of this wave. If this is the case then once the wave (III) is in place in the next down leg, in order to be considered the wave (IV) of the Ending Diagonal, it will have to overlap below the peak of the wave (I). The potential target for the wave (IV) could locate in the range 1463.76 – 1435.50.

In addition, if the Dow is unfolding the same ending pattern, then the wave (III) cannot exceed above 14089.64 therefore there is not much more upside left in order to maintain valid this option.

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Nifty Spot Analysis Update

nifty-futures

THOUGHT FOR TODAY

The Power of Thoughts Thoughts are more powerful than actions because they are the creators of actions. You have to keep in mind that the thought-waves of your good wishes and pure feelings, your vibrations of peace and love, can once again bring harmony in nature and happiness in the world.  

Nifty Spot

(Updated on 04-02-2013 at 07.40 AM)

As projected on Friday Nifty spot faced

resistance at 6051 made vertical dive below 6022

and made low at 5983 and closed at 5998.90.

Support at 5982-5972 for intraday.

If breaks below 5972 and trades below for 20

minutes then expect slide up to 5955-5933.

Hurdle at 6022-6032.

With Successful crossover above 6035

with volumes, Nifty may resume uptrend

up to 6052-6070

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